Keefe, Bruyette & Woods Lowers Expectations on Goldman Sachs (GS)

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Keefe, Bruyette & Woods is adjusting their 4Q10 estimate on Goldman Sachs (NYSE: GS) to $3.65 from $3.95 as they now have lower expectations from trading, which they report may really offset their increased investment banking forecast. The firm is maintaining their Outperform rating and $210 price target.

For more ratings news on Goldman Sachs click here and for the rating history of Goldman Sachs click here.

Shares of Goldman Sachs closed at $173.05 yesterday, with a 52 week range of $129.50-$186.41.

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